Tritium DCFC Limited (NASDAQ:DCFC) remained unchanged to close Tuesday at $1.01 after subtracting $0.0 on the day. The 5-day average trading volume is 1,052,020 shares of the company’s common stock. It has gained $1.1150 in the past week and touched a new high 1 time within the past 5 days. An average of 1,379,530 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,047,980.
DCFC’s 1-month performance is -8.18% or -$0.0800 on its low of $0.9454 reached on 08/22/23. The company’s shares have touched a 52-week low of $0.82 and high of $7.99, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, DCFC has lost -39.88% or -$0.6700 and has reached a new high 2 times. However, the current price is down -87.36% from the 52-week high price.
Valuation Metrics
DCFC stock has a beta of 0.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.57.
Tritium DCFC Limited’s quick ratio for the recent period was 0.90, with the current ratio over the same period at 1.30.. In terms of profitability, the gross margin trailing 12 months is -10.80%. The trailing 12-month EBITDA margin is -100.79%. The firm’s gross profit as reported stood at -$0.34 million against revenue of $85.82 million.
Earnings Surprise
DCFC stock balance sheet for the recent quarter shows that total liabilities totaled 385.52 million, with total debt at $191.4 million.
Let’s look briefly at Tritium DCFC Limited (DCFC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 32.86% to suggest the stock is trending Neutral, with historical volatility in this time period at 33.02%.
The stock’s 5-day moving average is $1.0360, reflecting a -9.01% or -$0.1000 change from its current price. DCFC is currently trading -6.48% above its 20-day SMA, -9.01% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -5.61% and SMA200 by-45.11%.
Stochastic %K and %D was 7.27% and 7.12% and the average true range (ATR) pointed at 0.0819. The RSI (14) points at 39.11%, while the 14-day stochastic is at 12.20% with the period’s ATR at 0.0829. The stock’s 9-day MACD Oscillator is pointing at -0.0678 and -0.1136 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Tritium DCFC Limited (NASDAQ: DCFC), ROTH Capital downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for DCFC stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate DCFC as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 2 have offered a “buy” rating.
What is DCFC’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $3.00 and a high of $7.00, with their median price target at $6.00. Looking at these predictions, the average price target given by analysts is for Tritium DCFC Limited (DCFC) stock is $5.50.
